What You Should Know
Healthcare electronic health record (EHR) vendor MEDITECH and healthcare artificial intelligence company Lifemed AI announced a formal enterprise partnership, designating Lifemed as an Accelerator-level member of the MEDITECH Alliance program.The partnership embeds Lifemed’s proprietary non-generative deep-learning neural network platform directly into MEDITECH’s nationwide hospital and health system EHR ecosystem to eliminate claims denials, automate pre-bill scrubbing,
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Allswell Secures $7M to Build an Insurance-Backed Medical Home for LGBTQ+ Health
What You Should Know
Specialized digital behavioral health platform Allswell raises a $7M seed financing round led by Rethink Impact, the largest U.S. venture capital firm focused on female-led technology companies and an early institutional backer of Spring Health.The syndicate includes new institutional participation from Magnify Ventures, Ulu Ventures, and Hopelab Ventures, alongside existing investors Techstars and Amboy Street Ventures (who led a previous $1.3M pre-seed), bringing
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Abby Care Raises $82M to Scale Paid Family Caregiver Platform
What You Should Know
Healthcare at-home technology and clinical platform Abby Care raises an $82M Series C financing round led by Transformation Capital, with participation from new investors CVS Health Ventures, Frist Cressey Ventures, and Pivotal Ventures along with existing investors Khosla Ventures, Thrive Capital, and Sequoia Capital.Directly addresses the critical national shortage of home health aides and direct care workers: enables family members of vulnerable individuals to become
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M&A: Tegria Acquires CloudWave in First Move Under Altaris to Consolidate Healthcare Cyber Defense
What You Should Know
Global healthcare consulting, managed services, and technology solutions company Tegria announced its strategic acquisition of CloudWave, a full-service healthcare-exclusive cloud hosting, managed IT, and cybersecurity services provider.Marks a major corporate expansion milestone: this represents Tegria’s first acquisition since becoming a portfolio company of Altaris, a New York-based healthcare investment firm managing more than $9 billion in equity capital, earlier in
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Elation Health Launches Automated Payment Posting: Completing the End-to-End Primary Care Revenue Cycle
What You Should Know
Primary care technology and EHR platform Elation Health announced the addition of automated payment posting, closing the loop on an end-to-end operational pipeline that takes an outpatient primary care encounter from signed clinical note to posted payment with zero manual billing intervention.Solves the fragmentation between clinical charting and practice billing: establishes an integrated workflow where the clinical note feeds medical coding, the code generates the
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FDA Launches Rare Disease Framework Initiative to Modernize Small-Cohort Trial Design
What You Should Know
The U.S. Food and Drug Administration (FDA), an operating division of the U.S. Department of Health and Human Services (HHS), officially announced the launch of the Rare Disease Framework Initiative.Accompanied by the publication of a new agency white paper outlining a "fit-for-purpose" regulatory model engineered to match trial requirements to the realistic evidentiary constraints of ultra-small, geographically dispersed patient populations.Addresses a critical clinical
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Verily Health Awarded CDC Contract for National Wastewater Surveillance System: Scaling Genomic and Metagenomic Public Health Analytics
What You Should Know
Healthcare data intelligence leader Verily Health Inc. has been awarded a multi-year contract renewal by the Centers for Disease Control and Prevention (CDC) to continue operating and expanding the National Wastewater Surveillance System (NWSS).Builds on a four-year operational foundation: the contract extension expands the public health surveillance partnership Verily has maintained with the CDC since 2023.Delivered through Verily Sightline, the company’s specialized
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Diverge Health Merges with Medical Home Network: Creating a Premier Value-Based Care Platform for Underserved Communities
What You Should Know
Diverge Health and Medical Home Network (MHN) PBC announced a definitive merger agreement to form one of the nation's largest value-based care platforms dedicated entirely to safety-net populations and under-resourced communities.The combination establishes one of the largest value-based care platforms in the United States dedicated to underserved communities, entering 2027 with nearly 500,000 attributed Medicaid and Medicare lives and $3 billion in managed medical spend
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Mount Sinai Scientists Launch Human Tissue Organoids into Space: SpaceX CRS-35 Investigates Neurological and Cardiovascular Aging
What You Should Know
Mount Sinai Health System researchers launched bioengineered human brain and cardiovascular tissue models into orbit aboard the SpaceX CRS-35 Commercial Resupply Services mission to the International Space Station (ISS).Developed across Mount Sinai’s Departments of Stem Cell Biology and Regenerative Medicine, Neuroscience, and Surgery, alongside the Cardiovascular Research Institute, the dual investigations pair patient-derived stem cell organoids and microfluidic
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Outro Secures $7M to Build Healthcare’s First Neuroscience-Based Deprescribing Platform
What You Should Know
Neuroscience-based deprescribing platform Outro announced that it has raised $7M in combined pre-seed and seed financing to establish clinical and technological infrastructure for discontinuing psychiatric medications safely.The financing syndicate is backed by Listen Ventures, Cake Ventures, Jason Calacanis’s LAUNCH, Actions Capital, Hannah Grey VC, SemperVirens, Brock Recovery Group, Pave Health Ventures, and additional strategic digital health investors.Outro combines
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